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                        PREMIUM ASSIGNMENT CORPORATION              EXHIBIT 10.2
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<S>      <C>        <C>                                                                                 <C>
[LOGO]   GEORGIA    P.O. Box 3066 - 3522 Thomasville Rd. - Tallahassee, Fl 32315-PHONE 850-907-5610     V5.1a(0)G810.77I6.35
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                           PREMIUM FINANCE AGREEMENT
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<S>           <C>              <C>      <C>                 <C>
[_]PERSONAL   [XX]COMMERCIAL   [_]NEW   [_]AGENCY RENEWAL   [_]ADD'L PREMIUM
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THIS AGREEMENT, made and delivered this 29 day of August 2000, between
                                        --        -----------
NAME GLOBALETUTOR INC.                                  SNN OR TAX ID#__________
     ---------------------------------------------------
    (Exactly as it appears in policies)
ADDRESS   3340 Peachtree Road NE                             CITY  Atlanta
         ----------------------------------------------------    ---------------
STATE GA  ZIP 30326-                                    PHONE # ( ) -
     ----     ------------                                     --------------
hereinafter called the Insured, and Premium Assignment Corporation, a Florida
Corporation, hereinafter called PAC, for the financing of the balance of the
premiums on the following insurance policies:
                        SCHEDULED POLICIES OF INSURANCE
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<CAPTION>
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   EFF          EXP         NAME AND ADDRESS OF INSURING COMPANY               POLICY            POLICY                 POLICY
  DATE         DATE         (INCLUDING GENERAL AGENCY IF BROKERED)              TYPE               NO.                  PREMIUM
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<S>         <C>         <C>                                                   <C>                <C>                    <C>
08/25/00    08/25/01    CO:  LLOYDS OF LONDON                          FL      D&O                                        $71,720.00
                        MGA: Special Program Market     Jersey City    NJ
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                        CO:
                        MGA:
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                        CO:
                        MGA:
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  CASH PRICE         - CASH DOWN    = UNPAID        + DOC            = AMOUNT       + FINANCE      = TOTAL OF           ANNUAL
(Total Premium)        PAYMENT     BALANCE OF       STAMPS           FINANCED         CHARGE         PAYMENTS         PERCENTAGE
                                   CASH PRICE   (if applicable)   The amount of     The dollar    The amount you         RATE
                                                                 credit provided    amount the    will have paid   The cost of your
                                                                   to you or on    credit costs   after you have     credit as a
                                                                   your behalf.        you.      made all payments   yearly rate.
                                                                                                   as scheduled.
  $71,720.00          $14,344.00   $57,376.00        $0.00          $57,376.00      $3,298.50       $60,674.50          12.35%
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Security: You are giving a security interest in any and all unearned premiums
which may become payable under the policies.

Late Charge: If a payment is 5 days late you will be assessed a late charge of
5% of the delinquent installment.

Prepayment: If you pay off early, you will not have to pay a penalty and you may
be entitled to a refund of part of the finance charge. See other provisions in
this Agreement for additional information about nonpayment, default, any
required repayment in full before the scheduled date, and prepayment refunds and
penalties.

                     Select one option for billing method:
[_] Payment Book                                            [XX] Monthly Invoice

                        YOUR PAYMENT SCHEDULE WILL BE:
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Amount of Each                  Number of                   When First Payment
   Payment                      Payments                          is Due
  $6,067.45                        10                            09/25/00
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Each of the monthly payments is due on the same day of each succeeding month
until paid in full.
FEDERAL TRUTH-IN-LENDING DISCLOSURES
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                      "TEMIZATION" OF THE AMOUNT FINANCED:
  1.   Unpaid balance of cash price above will be paid to your insurance
       company(ies) or their agents on your behalf.
  2.   Documentary stamps (if applicable) will be paid to public officials.
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NOTICE TO INSURED: (1) Do not sign this agreement before you read it or if it
contains any blank space. (2) You are entitled to a completely filled in copy of
this agreement. (3) Under the law, you have the right to pay off in advance the
full amount due and under certain conditions to obtain a partial refund of the
service charge. (4) This Agreement includes and is subject to all of the terms,
provisions, covenants, powers and agreements which are contained and APPEAR ON
PAGE 1 AND PAGE 2 OF THIS AGREEMENT.

                              WARRANTIES OF AGENT

The undersigned hereby certifies that: (1) The down payment as shown in the
contract has been paid by or on behalf of the Insured. (2) All policies listed
are or will be in force on the stated effective dates and delivered by him. (3)
No audit, reporting form, minimum or fully earned premium policy is included in
this Agreement, except as indicated in the Scheduled Policies of Insurance. (4)
The above Agreement is a bona fide and binding contract. (5) The signatures are
genuine. (6) A copy of this Agreement has been delivered to the Insured. The
undersigned agent further certifies that he is an authorized agent of the MGA or
insuring companies and acknowledges that he is not affiliated in any capacity
with PAC. (7) Upon cancellation of the Scheduled Policies of Insurance, the
undersigned agrees to remit the full amount of the unearned premium, including
unearned commission up to the unpaid balance of the Agreement, upon receipt from
the carrier.

POWER OF ATTORNEY - The Insured hereby appoints PAC his attorney in fact to
                    cancel and give notice of cancellation of the Scheduled
                    Policies of Insurance to the named insurance companies for
                    nonpayment of premium.
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ALL INSUREDS NAMED IN POLICIES SIGN HERE. INSURED ACKNOWLEDGES RECEIPT OF A COPY
OF PAGE 1 AND PAGE 2.

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<S>                                                                                   <C>
Where authorized by statute, signature may be by agent on behalf of Insured           AGENCY
Signature by agent must be so indicated.                                              Name Overseas Investment Ins Services
                                                                                           -----------------------------------------
/s/ JERRY BARTON, President and CEO                              9/1/00               Address 46 Vernon Glen Ct
---------------------------------------------------------------------------                   --------------------------------------
(INSURED/S signature exactly as appears in policies)         Title and Date           Atlanta    GA   30338-
                                                                                      ---------------------------------------------
___________________________________________________________________________           AGENT'S
(INSURED'S signature exactly as appears in policies)         Title and Date           Signature and Date   /s/ Alan Saul 8/30/2000
IF INSURED IS A CORPORATION, OR PARTNERSHIP, AN AUTHORIZED                                                --------------------------
                                                                                      Created by:  pac-mew
                                                                                                   ---------------------------------
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[LOGO]    PREMIUM ASSIGNMENT CORPORATION - PREMIUM FINANCE AGREEMENT


     FOR VALUE RECEIVED, the Insured promises to pay to the order of PAC the
"TOTAL OF PAYMENTS" as stated on page 1 of this Agreement, pursuant to all of
the terms and conditions as stated below.

     WITNESSETH: That in consideration of the payment by PAC to the named
insurance companies, or their agents, of the balance of the premiums due on the
Scheduled Policies of Insurance, the Insured agrees:

     1.  EFFECTIVE DATE  This Agreement is effective upon its acceptance by PAC.
Acceptance by PAC shall be deemed to occur upon payment of its draft or check by
PAC to the agent or to the Insuring Company of the balance of the premiums due
on the Scheduled Policies.
     2.  PAYMENTS  The Insured agrees to make payments to PAC in accordance with
the payment schedule stated on page 1 of this Agreement. Payments are to be made
to PAC at Post Office Box 3066, Tallahassee, Florida 32315-3066 or such other
address as PAC may notify you of.  Payments made to any other person, firm,
insurance agency, corporation or otherwise shall not constitute payment to PAC.
Payments received after cancellation to the Scheduled Policies of Insurance
shall be credited to the unpaid balance due on the account and shall not
constitute reinstatement of the cancelled policies nor shall it constitute
waiver by PAC of its rights under the Agreement.
     3.  SECURITY FOR PAYMENT  The Insured assigns to PAC as security for the
total amount due under this Agreement (Total of Payments) any and all unearned
premiums which may become payable under the Scheduled Policies of Insurance.
PAC may request the Insuring Company to pay all monies for unearned premiums
upon cancellation to PAC. The Insured agrees that PAC may endorse his/her name
on any check or draft of all monies that may become due from the Insuring
Company and apply the same as payment for any amounts due under the Agreement.
     4.  DEFAULT  A default shall occur if any installments is not paid by its
due date, or should the Insured fail to carry out any other obligations set
forth in the Agreement. Should a default occur, the total unpaid amount under
this Agreement shall become immediately due and payable.  Interest will continue
to accrue on the unpaid balance at the stated APR or maximum rate allowed by
applicable State Law until all balances are paid. The Insured agrees to pay a
late charge for any payments received and accepted by PAC after payment due date
in accordance with the Late Charge section page 1 of this Agreement. Upon
default of payment of premium, PAC may request cancellation of the Scheduled
Policies of Insurance at the earliest time permitted and in accordance with
applicable State Law. Should PAC cancel the Scheduled Policies of Insurance, the
Insured agrees to pay PAC a cancellation fee equal to the amount permitted by
applicable State Law (no fee in AK, CA, CT, FL, IL, KS, KY, NV, NM, NC, PA, SC,
TX, VT, VA). The Insured consents to PAC adding any unpaid balance on this
contract to any future premium finance agreement entered into with PAC.
     5.  ADDITIONAL CHARGE  If permitted by State Law, you may be assessed a
one-time additional charge equal to the amount allowed by State Law for costs
relating to the processing of your loan ($10 in AK).
     6.  SHORTAGE OR OVERAGE OF UNEARNED PREMIUM  If unearned premiums are not
sufficient to pay the unpaid balance due, the Insured shall pay PAC the
deficiency. Interest shall accrue on the deficiency at the stated APR or maximum
rate allowed by applicable Stated Law. If the unearned premiums received by PAC
are more than the amount due the excess shall be returned to the Insured within
the time allowed by applicable State Law. The Insured waives his/her right to
receive any excess which is less than $1.00 ($5 in IL, MD, UT; $3 in MS, OH, SC
and for prepayment in MI; $2 in GA; refunds of less than $1 will be made in KY
and VA).
     7.  ATTORNEYS FEES AND EXPENSES  If permitted by State Law, PAC may charge
attorney's fees and costs equal to the amount allowed by State Law to collect
any amounts due under this Agreement (20% in FL).
     8.  LENDER RELATIONSHIP  The Insured acknowledges that PAC is a lender and
is not an insurance agent nor an insurance company and that this Agreement is a
financing Agreement and is not an insurance policy or a guarantee of insurance
coverage.
     9.  PREPAYMENT  If the balance of the amount due under this contract is
paid off prior to maturity, the Insured may receive a refund of unearned finance
charge computed in accordance with the Rule of 78's (actuarial method in AZ, CA,
IO, ME, MA, MT, NJ, OR, PA, VT; short rate in SC) after deducting any fully
earned charges permitted by applicable State Law ($20 in FL).
     10. ADDITIONAL PREMIUMS  PAC may advance to the Insured's agent or the
Insurance Company any additional premiums that may become due, less normal down
payment, adding the advance amount, plus any finance charge, to his/her present
contract balance. However, any additional premium which is owed to the insurance
company(ies) named in the Scheduled Policies of Insurance as a result of any
type of misclassification of risk, and which is not paid in full or financed on
this Agreement, may result in cancellation of the coverage for nonpayment of
premium.
     11. PAC LIABILITY  PAC is not responsible for consequential damages
resulting from cancellation by PAC of the Scheduled Policies of Insurance if
the cancellation was done in accordance with applicable State Law. The Insured
shall be responsible for reasonable attorney's fees and expenses for any
unsuccessful action filed by an Insured under this provision.
     12. INSUFFICIENT FUNDS CHECK  If allowed by State Law, a returned check
fee will be charged for each check returned to PAC for insufficient funds ($25
in MD & NC; $20 in AR, CO, GA, ID, IN, VA; $15 in FL, LA, MS, NV, SD; $10 in AZ,
MA, OH, OK; $5 in CA). If a check is returned, it will not be automatically
redeposited to prevent cancellation of the insurance policies. If PAC does
cancel the Scheduled Policies of Insurance for nonpayment, the insufficient
funds check may be redeposited after cancellation to reduce any unpaid balance
due under this Agreement.
     13. WARRANTIES OF INSURED  Insured warrants to PAC that (a) each of the
Scheduled Policies of Insurance have been issued or a binder of full force and
effect has been issued; (b) he has not and will not assign or encumber the
unearned premium of the Scheduled Policies of Insurance to anyone else nor grant
anyone else power of attorney to cancel the Scheduled Policies of Insurance
until this Agreement is paid in full (c) all rights conferred upon PAC shall
inure to PAC's successors or assigns and (d) no proceeding in bankruptcy has
been instituted by him/her/them.
     14. ASSIGNMENT  This Agreement may be assigned by PAC as allowed by State
Law and the assignee has the same rights as PAC does under the Agreement. The
Federal Equal Credit Opportunity Act prohibits creditors from discriminating
against credit applicants on the basis of sex or marital status. The federal
agency which administers compliance with this law concerning this premium
finance company is the Federal Trade Commission, 703 Peachtree St., NE, Room
600, Atlanta, GA 30308. DOCUMENTARY STAMPS REQUIRED BY LAW IF ANY ARE AFFIXED TO
MONTHLY JOURNAL AND CANCELLED.

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